Page 2 Advertisements Column 4

Oamaru Mail, Volume III, Issue 785, 17 October 1878, Page 2

LATH ADVERTfS£ME*4TS —■ - -r. -- : '' f ' r FLOODS EELEEF'.FUkI). Local Committee, beg to i&forta persona desirous of contributing to the above Fund that it is hoped to raise at least .LIOO as the contribution from Oamaru and surrounding District, and that a List lies for the purpose at Megsrs.'RoNATSK asj> Cottrell's, to whom subscriptions may b« paid, or to the local Treasurer, Mr. W. J. Smith, at the Colonial Bank Buildings. 106 TM POUNDED on the 16th day of October, 187S, by Thos. Dunn', Ranger, one white STEER ; red neck, branded like J Gon o!f rump, and heart near hip. For tret» pass, for which 5s driving fees are claimed ; and in default of being released, the same will be SOLD at the Public Pound at Teaneraki on the last day of NOVEMBE2, at 12 o'clock noon. ALEX. SINCLAIR, Keeper of Teaneraki Pounds., PROSPECTUS OP THE NEW ZEA-' JbAND LAND AND LOAN COMPANY (Lgiitbd). (To be incorporated tinder the Joint Sfcook. Companies Act, 1860.) Capital £1,000,000, In 200,000 Shares of £5 each, with j»tfer tQ increase. 100,000 Shares are proposed to be placed in New Zealand, and 100,000 to be reserved for subscription in the United Kingdom. Proposed Calls 2s 6d per Share on application ; 2b 6d per Share ou allotment;. 2-. 6d per Share two months after allotment ; and 29 6d per Share four months after* allotment ; six months' notice to be given ofany further calls. Provisional Dikectobs : The Hon. Wrn. Hunter Reynolds, of Dunedin, M.L.C. of New Zealand; the Hon. John Martin, of Wellington, M.L.C. of NewZealand ; the Hon. John Ballaace, Colonial Treasurer of New Zealand; the Hon. Robert Stout, Attorney-General of New Zealand; James Allen, Esq., of Dunedin ; C. Julius Toxward, Esq., Surveyor, WeU lington ; Thomas Whyte Young, Esq., Merchant, Wellington; Robert Greenfield, Esq., Merchant, Wellington. Bunkers : The Bank of Australasia. Solicitors : Messrs. Sievwright and Stout, Wellington. SURVFA'OR AND VALUATOR : C. Julius Toxward, Esq , Wellington. Interim Secretary : William Sievwright, Esq., Solicitor, Wellington. ] Temporary Offices : ! Lloyd's Rooms, Brandon-street, Wellington. This Company is formed for two objects : Ist, and chiefly.—For lending money at current rates of interest upon the security of landed property situated in ]N ew Zealand ; and 2nd.—For acquiring, when deemed advisable, landed property situated in or near to cities or towns, or centres of population, in the Colony of New Zealand, and thereafter selling it again in whole or in lota as may suit purchasers. With a fast-increasing population both in town and country, a very line climate, and land of great fertility opened up by the construction of roads and railways, there is aa almost inexhaustible field for the profitable investment of money in the manner proposed by this Company, and it is one very little) occupied. This Company intends to occupy that field, and to offer to the public—particularly to farmer-settlers and the working population generally—facilities for .acquiring property, and for erecting houses, or effect- ■ ing other substantial improvements thereon, on reasonably moderate termß. And the Company can do so profitably to the shareholders, while at the same time holp is given to people who are willing to pay adequately for the advantage and accommodation, offered. In no case will money be lent otherwise than upon the security of landed property, a safe margin being always kept. The system which prevails all over the Colony in the buying of land is that of deferring payment of the price—so much being paid as a deposit when the purchase is made, and the remainder by bills for instalments, spread over a limited period of from one to three years, the title being only granted when the price is fully paid up. This Company, in consequence of being in a position to pay in cash at once, will certainly be able to buy property on much more favorable terms than buyers on deferred payments ; and it is certain that, by the exercise of ordinary care, a safe and very profitable kind of business can be done by buying land and selling again in lots to suit purchasers. It is very well known that companies la New Zealand having objects similar to those of this Company have been able, not-, withstanding very limited resources, not only to pay large dividends, but also to add to capital. It is not intended to call up more than LI per share, at the outset at least. The promoters consider that, with 10s. per Bhare paid up the Company may make a lair beginning ; and they confidently anticipate that besides paying a good dividend to the shareholders, the Directors will also, by judicious investments in landed property, be able from time to time, out of profits, to make additional capital. The turn over of capital will be quick, and there will -no doubt be available soon a considerable amount of money from deposits made by people both at Home and in New Zealand, so that a large paid-up capital is not necessary. Prospectuses, with forms of applioatioa for shares, may be obtained at the Office of the Company, or from the bankers at the Wellington Office, or at any of the branches, and the memorandum and articles of association may be seen in the hands of the Secretary. Should no allotment be made, the deposit will be returned without any reduction. Lloyd's Rooms, Brandon-street, Welling-, ton, October, 1878. FORM OF APPLICATION FOR SHARES. TO TUB DIRECTORS OF THE NEW ZEALAND LAND AND LOAN COMPANY (LIMITED). Oentlbmss, Having paid to your aocouDt with the Sum of being a Deposit of 2a Bd. per Share on Shares in the above Company, I requeet that ywj will allot me that number of Shares ; and I hereby' undertake to accept the same or any lesß number of Bharea that may be allotted to me, and to pay the Calls or Instalments thereon in terms of your Prospectas, dated 1873. Name in full Profession, Occupation, or Quality Address Signature Date The above to bo retained by the Bankers, and by them transmitted to the Company. BANKER'S RECEIPT. Wellington, IS 78 Received of on account of " The New Zealand Land and Loan Company, Limited," the sum of Pounds, being a Deposit of Two Shillings and Sixpence per Share on Shares in tna above Companf. r or ~—7 This receipt must be held by the Applte® os the Certificates are issued.